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Agenda for a New Economy: From Phantom Wealth to Real Wealth


Agenda for a New Economy: From Phantom Wealth to Real Wealth Cover


Synopses & Reviews

Publisher Comments:

Nearly two years after the financial meltdown, economic recovery still seems a distant promise. Desperate, overwhelming need for change has not overcome Washington's timid preference for the status quo. Joblessness and foreclosures remain endemic, and each day brings scandalous new revelations of outrageous Wall Street bonuses and corruption. Issued as a report of the New Economy Working group, this substantially updated and expanded new edition of Agenda for a New Economy is a call for a national Declaration of Independence from Wall Street. What is needed, Korten argues, is a system that favors life values over financial values, roots power in people and community, and supports local resilience and self-organization within a framework of living markets and democracy. The new edition is a handbook for a nonviolent Main Street revolution – because change, as he explains, will not come from above. It will come from below. The root of the problem, as detailed extensively in the first edition of Agenda for a New Economy, remains what it was in 2008: Wall Street institutions that have perfected the art of creating “phantom wealth”-mere numbers on paper-without producing anything of real value and without any thought of the social consequences. In the new edition, Korten examines how events since September 2008 have proven that the predatory Wall Street leopard cannot change its spots and explains why a visionary new president opted for marginal reform. He fleshes out his vision of the alternative to the corporate Wall Street economy: a Main Street economy based on locally owned, community-oriented “living enterprises” whose success is measured as much by their positive impact on people and the environment as by their positive balance sheets. Most importantly, he offers a groundbreaking plan as to what we as citizens can do to break through the political paralysis and replace the phantom-wealth Wall Street system with a living-wealth Main Street system that is responsive to the needs and values of ordinary people. 2011 Independent Publisher Book Award silver medalist!

About the Author

David Korten is president and founder of the People-Centered Development Forum, and serves as a board member of the Business Alliance for Local Living Economies (BALLE). He is an associate of the International Forum on Globalization and a member of the Club of Rome. David has authored numerous books, including the bestselling titles The Great Turning: From Empire to Earth Community, When Corporations Rule the World, and The Post-Corporate World: Life After Capitalism. His newest title, Agenda for a New Economy (Second Edition) is a 2011 Independent Publisher Book Award Silver Medalist. He is a regular guest on talk radio and television and a popular speaker at conferences around the world.

Table of Contents

Looking upstream — Modern alchemists and the sport of moneymaking — A real-market alternative — More than tinkering at the margins — What Wall Street really wants — Buccaneers and privateers — The high cost of phantom wealth — The end of empire — Greed is not a virtue; sharing is not a sin — What people really want — At home on a living earth — New vision, new priorities — Seven points of intervention — What about my-- ? — A presidential Declaration of Independence from wall — When the people lead, the leaders will follow — A visionary president meets realpolitik — Change the story, change the future — Learning to live, living to learn.

Product Details

From Phantom Wealth to Real Wealth
Berrett-Koehler Publishers
Korten, David C.
Publication Date:

Related Subjects

Business » General
Health and Self-Help » Self-Help » General
History and Social Science » Economics » General
History and Social Science » Politics » General

Agenda for a New Economy: From Phantom Wealth to Real Wealth
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Product details 311 pages Berrett-Koehler Publishers, Incorporated - English 9781605093765 Reviews:
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